iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Unusually-High Trading Volume – Time to Buy?

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw unusually-high trading volume on Thursday. 822,086 shares traded hands during trading, an increase of 271% from the average daily volume of 221,308 shares. The stock last traded at $24.4350 and had previously closed at $24.50.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

The stock has a 50 day moving average price of $24.52 and a 200 day moving average price of $24.89.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a $0.0972 dividend. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0960. This represents a $1.17 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, November 2nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSB. RMG Wealth Management LLC purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 1st quarter worth approximately $95,000. Gould Capital LLC lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% in the first quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock valued at $117,000 after purchasing an additional 1,609 shares during the last quarter. Whitegate Investment Counselors Inc. grew its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.4% during the third quarter. Whitegate Investment Counselors Inc. now owns 9,923 shares of the company’s stock valued at $242,000 after purchasing an additional 1,019 shares during the period. Park National Corp OH bought a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter valued at $246,000. Finally, Creative Capital Management Investments LLC grew its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 29.2% during the third quarter. Creative Capital Management Investments LLC now owns 10,875 shares of the company’s stock valued at $266,000 after purchasing an additional 2,455 shares during the period.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.